Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly).
If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them.
Company Profile
Pritish Nandy Communications Limited is an India-based media and entertainment company. The Company is engaged in the business of production and exploitation of the content, including cinematographic films, television serials, digital series and others in all formats. The Company operates through two segments: Content and Wellness. It produces movies, documentaries and corporate films. Its movies include Bow Barracks Forever, Bollywood Calling, Click and Chameli. Its corporate films include Truly Peerless and The Turnaround Story. Through PNC Digital Limited, it is engaged in sourcing content for digital streaming, setting up delivery systems for digital streaming and running the business of content aggregation as well as any other technology business using the Internet as its primary delivery platform. Through PNC Wellness Ltd, it is engaged in wellness business and owns wellness brands, such as Moksh and sub brands, such as Power Yoga, Passion Yoga, Cool Yoga and Couple Yoga.
PNCL - Pritish Nandy Communications Ltd
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